NOT LISTED FOR SALE

5176 Watchmans Cove Gainesville, GA 30504

Estimated Value: $464,515 - $522,000

3 Beds
2 Baths
1,868 Sq Ft
$257/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $475,000 $254 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,099/month

7 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Craftsman Architecture
  • 14 Boat Docks
  • Gated Community
  • Community Lake

About This Home

As of August 2023

LAKE LIVING at it BEST. This beautiful 3 bedrooms with 2 full baths ranch has a lot to offer. It is located in Gated Stephens Point 55+ adult living. As you walk though the front door you have your two bedrooms. You can use them for an office, den or craft room. There is a full bathroom between them. It is nice to have these rooms away from the rest of the house. You will enjoy watching tv in the family room or turn the fire place on to add some ambience. Any cook would love the kitchen with a lot of white cabinets, granite counters, stainless steel appliances, 5 burner cooktop and a large island. The dining area has a good view of backyard, kitchen and family room. The master suite is in the back of the house and has an amazing sitting room, bring your extra tv and make it into your getaway area. It has lots of windows looking into backyard. The master spa has double vanities, zero entry shower with bench, toilet closet with hand rails. You will enjoy the extra storage room with the two master closets. The plantation shutters add such a great look. Now the outside. Enjoy your coffee on your covered front porch or walk around to the back on the stone pathway to enjoy the tranquility of sitting on your back cover patio that has a view of the beautiful landscape yard and woods. Bring your fur babies they will enjoy the fenced in area. The porches, garage and driveway have been treated with epoxy that shows that finished look. The neighborhood is close to everything you would need, shopping, expressway, restaurants, parks and more. There is a 14 covered courtesy boat dock, clubhouse with rocking chair back porch to watch sunsets over lake, a kitchen, game room and entertaining area. A pool with a covered porch area for shade and to watch tv or just read. There is pickleball/tennis courts. There are a lot of activities in the community. You can do as much as you want or do nothing at all. The HOA takes care of your lawn and trash is included too.

Last Agent to Sell the Property

Nancy Ryan

Virtual Properties Realty.com License #294154 Listed on: 07/20/2023

Virtual Properties Realty.com

Last Buyer's Agent

Cathy Moore

PEND Realty, LLC License #352333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 2021

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front
  • Back Yard Fenced
  • Private Lot
  • Level Lot

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Composition Roof
  • Concrete Siding
  • Brick Front

Interior Spaces

  • Roommate Plan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Pull Down Stairs to Attic
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Breakfast Room
  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Sustainable
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Entrance

Outdoor Features

  • Access To Lake
  • Deep Water Access
  • 14 Boat Docks
  • Covered Dock
  • Patio
  • Porch

Location

  • Property is near shops

Schools

  • Oakwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • $1,500 Initiation Fee
  • Association fees include trash, ground maintenance, security, swimming, tennis
  • Stephens Point Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,406

Year Built

Built in 2021

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2021
  • ArchitecturalStyle: Brick Front, Craftsman, Ranch
  • Electric: 220 Volts
  • Financing Type: Other
  • Levels: One
  • Lot Size Acres: .16
  • Other Sturctures: Covered Dock
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 14
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Stainless Steel Appliance(s)
  • Bedrooms: 3
  • Basement: None
  • Interior Amenities: Tray Ceiling(s), High Ceilings, Double Vanity, Pulldown Attic Stairs, Separate Shower, Tile Bath, Walk-In Closet(s), Master On Main Level, Roommate Plan, Split Bedroom Plan
  • Feature Name: LANIER
  • Accessibility Features: Accessible Full Bath, Accessible Entrance
  • Full Bathrooms: 2
  • Fireplace Features: Family Room, Gas Starter, Gas Log
  • Flooring: Tile, Carpet, Sustainable, Vinyl
  • Kitchen Features: Breakfast Area, Breakfast Bar, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows, Window Treatments

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Concrete
  • Fencing: Fenced, Back Yard
  • Foundation Details: Slab
  • Lot Features: Level, Private
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Composition
  • Waterfront Features: Deep Water Access, Lake Access, Lake

Garage/Parking

  • Parking Features: Attached, Garage Door Opener, Garage, Kitchen Level

Utilities

  • Cooling: Electric, Ceiling Fan(s), Central Air
  • Heating: Natural Gas, Central, Forced Air
  • Laundry Features: Other
  • Security Features: Smoke Detector(s), Gated Community
  • Sewer: Public Sewer
  • Utilities: Underground Utilities, Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 2640
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Retirement Community, Sidewalks, Street Lights, Tennis Court(s), Walk To Shopping

Fee Information

  • Initiation Fee: 1500
  • Association Fee Includes: Trash, Maintenance Grounds, Security, Swimming, Tennis

Schools

  • Elementary School: Oakwood
  • High School: West Hall
  • Middle School: West Hall
  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Deed Book: 9157
  • Deed Page: 397

Multi Family

  • Total Fireplaces: 1

Tax Info

  • Year: 2022
  • Tax Annual Amount: 1406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 11, 2023
Sold by
Johnson Donald L
Bought by
Townsend Bridget A and Townsend Mark D
Seller's Agent
Nancy Ryan
Virtual Properties Realty.com
Buyer's Agent
Cathy Moore
PEND Realty, LLC
List Price
$490,000
Sold Price
$475,000
Premium/Discount to List
-$15,000
-3.06%
Views
53
Current Estimated Value
$502,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,648
Avg. Annual Appreciation
0.30%
Original Mortgage
$100,000
Outstanding Balance
$98,253
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$379,644

Purchase Details

Closed on
May 31, 2022
Sold by
Lennar Georgia Llc
Bought by
Johnson Donald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.13%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Townsend Bridget A $475,000 --
Johnson Donald L $400,940 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Townsend Bridget A $100,000
Previous Owner Johnson Donald L $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $475,000 -3.1% $254 / Sq Ft
07/27/2023 07/27/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $490,000 -- $262 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,529 $181,520 $30,000 $151,520
2023 $4,121 $168,680 $28,000 $140,680
2022 $1,406 $48,320 $12,600 $35,720
2021 $377 $13,040 $13,040 $0
2020 $278 $9,000 $9,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10183303

Georgia MLS

APN: 08-00065-00-336